ADA caught our attention here, where it is pushing and pushing the limits of Bollinger Bands. As we see a great chance of seeing the price move to lower zones anytime soon, we are monitoring the coin for any potential sharp squeezes. Overall, we are looking for that 100 EMA zone to be reached here! Swallow Team
Algorand seems to be having a pretty decent bounce from the daily 200EMA, which can be a start to a good potential upward movement here. We are looking for those upper target zones as long as we are above 200 EMA; upon breaking the 200 EMA, we will most likely see a sharp movement to the lower zones! Swallow Team
While markets are pushing, Cosmos has also had a nice small push. With push being active, it is now trying to secure the branch of EMAs that is holding the price as of now. This zone will decide the next major movement for the coin. Swallow Team
Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price. We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!! Swallow Team
Polkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch. We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone. Swallow Team
100EMA has been holding the price steady, so as long as we are below this 100EMA and bulls have no control over it, we should see further movement below this line. We are monetizing this coin and looking for any potential significant rejection to happen, which would lead the price to lower the target zone. Swallow Team
LINK is back after that massive breakout; it recently broke the major resistance zone that was a point of interest for us. As that being said, we are waiting for a correction on LINK to happen where the price is currently in an overbought state and there is a high chance of re-testing that broken zone (the resistance of BB). Swallow Team
Another week is showing us some bullish momentum here after that liquidity sweep, which resulted in a touch to the $39,500 zone. Now that we are seeing another bullish weekly candle, we also see the long wicks that are left by bulls in the upper zones, which indicate a potential short squeeze to happen soon. With that being said, we are monitoring that $45K zone...
BCH has the tightest Bollinger bands on the daily and weekly, what do we know from Bollinger bands? we know that volatility comes at expansion. Does it expand up or down? According to it's history, the direction is up however we remain cautions and react at given levels.
SOL is back in the game where we were again outside in overbought zone (from where we had a nice rejection as well) We are looking at that $82 zone, which we marked as a red area (which needs to be broken for further movement to lower zones) We are seeing good potential for some downward movement here, so our eyes are open!! Swallow Team
We are monitoring AVAX coin here after seeing a nice rejection take place. Long story short, we are looking for a breakdown of that 100EMA zone, which is also acting as a smaller support zone for now. Upon breaking this zone, we might see a nice fall of almost 35% take place, so definitely keep an eye on this one! Swallow Team
UNI had a nice rejection from 200EMA, where the price turned down sharply! We are looking here for a potential movement towards that support zone while also looking for a potential re-test of that 200 EMA, which might be our next resistance zone. Swallow Team
In the video, I share an article I read today about the Bollinger Bandwidth indicator which is potentially showing a market inflection point and imminent start to the next parabolic run. I also share how I used standard Bollinger Bands differently, with slight modifications to make it very useful as a sell signal at market tops and major inflection points. Let...
DOT had a nice bounce from 200EMA and is now testing the middle line of Bollinger Bands. What we are looking for here is a potential weakness to kick near the middle line, which would mean that the price gets rejected from there. If this kind of movement doesn't happen, then we might see a movement towards the upper resistance zone, from where we will be looking...
LTC has caught our attention here with two possible scenarios. First one: Wait for breakdown to happen from trend and let bears secure it. From there, we might get a nice opportunity to short this coin! Second one: Wait for the price to reach upper resistance and see how the market price will react to this zone; potential weakness might be shown there! Which...
And we are back with BTC after seeing the price enter that liquidity zone, which we have been talking about for some time now. As of now, the price is showing some weakness and a potential re-test to happen at $40K, which we are looking to fully break in order to see further movement to lower zones! The start looks promising 😉
This was a very easy TA on XRP this time. We are looking for EMAs to be touched and show some rejection, which would be a sweet entry for a potential short position! We are waiting for the upper zones to be reached! Swallow Team
BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands. We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually. After that (getting more confirmations), we can monitor further for a...